Chrit Managed Services India Private Limited
About Chrit Managed Services India Private Limited
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Chrit Managed Services India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of C H Reynolds Electric Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2014FTC076631. Its GSTIN is 29AAFCC8105J1ZI (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.93 Lakh. It is led by directors including Charles H Reynolds and Jang Shansher Singh Badhesha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M.S. Trust Complex No.10 D.V.G. Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.33 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 10.7%) and EBITDA of ₹1.52 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 26% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chrit Managed Services India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM.S. Trust Complex No.10 D.V.G. Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Chrit Managed Services India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Chrit Managed Services India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Chrit Managed Services India Private Limited, buy the company report.
Financials of Chrit Managed Services India Private Limited
FY 2025 filings availableChrit Managed Services India Private Limited reported revenue of ₹10.33 Cr (up 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 75% growth in the latest year. EBITDA rose 406% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.52 Cr | ||||
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| Net Profit (PAT) | ₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Chrit Managed Services India Private Limited, buy the company report.
Board of directors of Chrit Managed Services India Private Limited
Chrit Managed Services India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charles H Reynolds | Director | 29 Sep 2014 | 12 Years 0 Months | Current |
| Jang Shansher Singh Badhesha | Director | 20 Jul 2020 | 6 Years 3 Months | Current |
| Asha Appaji Gowda Also directs: Basic Solutions Technology Services Private Limited | Director | 13 Jan 2023 | 3 Years 9 Months | Current |
Auditor
Chrit Managed Services India Private Limited is audited by J C BHALLA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J C BHALLA & CO | FY 2020 | 001111N |
Shareholding
The shareholding of Chrit Managed Services India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Chrit Managed Services India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2025 | 101118141 | The Hongkong and Shanghai Banking Corporation Limited | ₹3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Chrit Managed Services India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chrit Managed Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chrit Managed Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC8105J1ZI | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chrit Managed Services India Private Limited, buy the company report.
Recent activity
Chrit Managed Services India Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Asha Appaji Gowda ceased to be Additional Director on 28 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Chrit Managed Services India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 September 2014 (12+ years old) and is registered under CIN U72900KA2014FTC076631.
Chrit Managed Services India has 3 current directors:
- Charles H Reynolds - Director
- Jang Shansher Singh Badhesha - Director
- Asha Appaji Gowda - Director
The latest financial statements of Chrit Managed Services India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chrit Managed Services India is 29AAFCC8105J1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Chrit Managed Services India is U72900KA2014FTC076631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chrit Managed Services India was incorporated on 29 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Asha Appaji Gowda ceased to be Additional Director on 28 Sep 2023. Asha Appaji Gowda was appointed as Director on 13 Jan 2023. Roberto Macias De La Torre ceased to be Director on 25 Jan 2021. Chrit Managed Services India has 9 board changes on record in total.
The registered office of Chrit Managed Services India is at M.S. Trust Complex No.10 D.V.G. Road Basavanagudi, Bangalore, Karnataka, India – 560004.
Chrit Managed Services India operates in the information technology industry, in the IT consulting and support services segment.
Chrit Managed Services India has open charges of ₹3 Cr and no satisfied charges on record as per latest MCA filings.